Home / Author Archives: Samantha Guzman

Author Archives: Samantha Guzman

Samantha Guzman is an award-winning visual journalist and graduate of the University of North Texas Mayborn School of Journalism. She specializes in visual storytelling and has skills in video, audio and photography, in addition to news writing. She has traveled to Mexico and Bosnia as an assistant for multiple multimedia projects and taught news writing, photojournalism, and narrative storytelling in the past.

Stewart Information Services Hires Chief Information Officer

Stewart Information Services Corp. has announced the hire of Brad Rable as the company’s chief information officer. In this role, Rable will help guide the company’s information technology transformation and he will lead Stewart’s information technology vision, strategy, and execution.

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Clayton Holdings Taps New CEO for European Subsidiary

Former CEO of Britannic Money and leading UK finance sector figure Tony Ward has been appointed as president and CEO of Clayton Euro Risk Limited. Ward’s appointment, made by the board of Clayton Euro Risk’s U.S. parent company Clayton Holdings, will begin in April.

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House Committee Approves Bills to Provide Regulatory Relief for Banks

Hensarling noted the 11 bills passed by the Committee had bipartisan support and had previously been approved by either the Financial Services Committee or the House of Representatives during the 113th Congress. However, none of the bills came up for a vote in the Senate, which was then under Democratic control.

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Ocwen Refutes RMBS Investors’ Claims in Letter to Trustees

In February, an independent study found many of Ocwen’s servicing business was "effective," according to the letter. The research, conducted by Morgan Stanley’s RMBS strategy team, stated, "Whether a borrower first went delinquent while being serviced by Ocwen, or fell delinquent and was then transferred to Ocwen, we find that these borrowers are more likely to be in their homes today than if the MSRs were held elsewhere."

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FHFA Director ‘Very Proud’ of Agency’s Progress on Strategic Plan Initiatives

According to the report, Fannie Mae and Freddie Mac exceeded their $90 billion risk transfer goal. During 2014, the two Enterprises executed credit risk transfers on single-family mortgages with unpaid balance transfers of over $340 billion. As part of the FHFA requirement both enterprises continued to reduce their mortgage portfolios. As of December 2014, Freddie Mac’s portfolio stood at $408 billion and Fannie Mae’s stood at $413 billion, for a combined reduction of $131 billion. Both numbers were significantly under the $470 billion cap required by the Senior Preferred Stock Purchase Agreements.

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Judge Approves $69 Million MBS Settlement for Bank of America, U.S. Bank

The institutional investors, including affiliates of investment manager BlackRock Inc. and Pacific Investment Management Company LLC, had objected to the settlement, saying it excludes them from the class, while simultaneously releasing their claims against U.S. Bank in a derivative action. The judge said the terms of the agreement didn’t bar those investors' claims.

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